The first part of your comment I’d say is accurate, but why would they have to spend a meaningful part of the $100 mil debt on infrastructure? DO likely collat

The first part of your comment I’d say is accurate, but why would they have to spend a meaningful part of the $100 mil debt on infrastructure? DO likely collateralized their existing infrastructure to get the $100 mil line of credit/debt, but will spend the $100 mil on other things in addition to some infrastructure (as the article suggested)